4//SEC Filing
New Enterprise Associates 12, Limited Partnership 4
Accession 0001209191-18-044777
CIK 0001330436other
Filed
Jul 31, 8:00 PM ET
Accepted
Aug 1, 5:26 PM ET
Size
25.5 KB
Accession
0001209191-18-044777
Insider Transaction Report
Form 4
Transactions
- Conversion
Common Stock
2018-07-30+515,547→ 526,667 total - Other
Warrant to purchase Series D Preferred Stock
2018-07-30−684,911→ 0 totalExercise: $0.01From: 2017-02-17Exp: 2026-12-31→ Series D Preferred Stock (40,702 underlying) - Conversion
Series B Preferred Stock
2018-07-30−3,645,307→ 0 total→ Common Stock (515,547 underlying) - Conversion
Common Stock
2018-07-30+432,033→ 958,700 total - Purchase
Common Stock
2018-07-30$11.00/sh+545,455$6,000,005→ 2,484,870 total - Conversion
Series C Preferred Stock
2018-07-30−3,337,206→ 0 total→ Common Stock (432,033 underlying) - Conversion
Common Stock
2018-07-30+980,715→ 1,939,415 total - Other
Warrant to purchase Common Stock
2018-07-30+40,702→ 40,702 totalExercise: $0.01From: 2017-02-17Exp: 2026-12-31→ Common Stock (40,702 underlying) - Conversion
Series D Preferred Stock
2018-07-30−16,502,833→ 0 total→ Common Stock (980,715 underlying)
Footnotes (5)
- [F1]The Series B preferred stock had no expiration date and automatically converted into the Issuer's common stock on a 0.1414-for-1 basis immediately prior to the closing of the Issuer's initial public offering.
- [F2]The securities are held by New Enterprise Associates 12, Limited Partnership ("NEA 12") and indirectly held by NEA Partners 12, Limited Partnership ("NEA Partners 12"), the sole general partner of NEA 12, NEA 12 GP, LLC ("NEA 12 GP"), the sole general partner of NEA Partners 12, and the individual managers of NEA 12 GP (NEA Partners 12, NEA 12 GP and the individual managers of NEA 12 GP together, the "Indirect Reporting Persons"). The individual managers of NEA 12 GP are M. James Barrett, Peter J. Barris, Forest Baskett, Patrick J. Kerins and Scott D. Sandell. The Indirect Reporting Persons disclaim beneficial ownership within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise of such portion of the securities of the issuer held by NEA 12 in which the Indirect Reporting Persons have no pecuniary interest.
- [F3]The Series C preferred stock had no expiration date and automatically converted into the Issuer's common stock on a 0.1295-for-1 basis immediately prior to the closing of the Issuer's initial public offering.
- [F4]The Series D preferred stock had no expiration date and automatically converted into the Issuer's common stock on a 0.0594-for-1 basis immediately prior to the closing of the Issuer's initial public offering.
- [F5]Immediately prior to the closing of the Issuer's initial public offering and without payment of further consideration, the Warrants to purchase Series D Preferred Stock automatically became exercisable to purchase the Issuer's common stock. The transaction is listed solely for the purpose of reporting the change of the title and amount of securities underlying the warrant.
Documents
Issuer
Liquidia Technologies Inc
CIK 0001330436
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001383391
Filing Metadata
- Form type
- 4
- Filed
- Jul 31, 8:00 PM ET
- Accepted
- Aug 1, 5:26 PM ET
- Size
- 25.5 KB